Federal Trade Commission

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Scam Tag: Foreclosure

A homeowner who’s worried about foreclosure or desperate to refinance might listen to a caller who promises to help. Unfortunately, not all cold-calling telemarketers do what they promise. Enter the Federal Trade Commission’s nearly $3.6 million...

You know you’re dealing with a scam artist if they guarantee to save your home, promise to stop a foreclosure, or tell you to stop paying your mortgage company and pay them instead. If you're facing foreclosure, call a housing counselor through...

If you're facing foreclosure, it can be easy to listen to scammers trying to take advantage of this vulnerable time in your life. But don't be fooled — or robbed — by companies falsely promising to save your home. Learn from the true stories of...

A new scam is targeting financially strapped homeowners across the country. So-called specialized law firms are sending invitations to homeowners, urging them to participate in "mass joinder" lawsuits against their mortgage lenders as a way to...

Fraudulent foreclosure “rescue” professionals use half-truths and outright lies to sell services that promise relief to homeowners in distress. According to the Federal Trade Commission (FTC), the nation’s consumer protection agency, the latest...

Scammers are targeting people having trouble paying their mortgages. Some claim to be able to “rescue” homeowners from foreclosures, while others promise to modify your loan – for a fee. The Federal Trade Commission, the nation’s consumer...